Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $90.43 and traded as high as $90.71. Franklin Liberty Short Duration US Government ETF shares last traded at $90.62, with a volume of 36,312 shares traded.

Franklin Liberty Short Duration US Government ETF Trading Up 0.1 %

The firm has a 50-day simple moving average of $90.65 and a 200-day simple moving average of $90.43.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

Large investors have recently modified their holdings of the stock. World Investment Advisors LLC purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF during the third quarter valued at $213,000. Sanctuary Advisors LLC lifted its holdings in Franklin Liberty Short Duration US Government ETF by 22.7% during the third quarter. Sanctuary Advisors LLC now owns 14,174 shares of the company’s stock valued at $1,281,000 after purchasing an additional 2,624 shares in the last quarter. Jane Street Group LLC bought a new position in Franklin Liberty Short Duration US Government ETF in the 3rd quarter worth $1,281,000. Atria Investments Inc grew its position in shares of Franklin Liberty Short Duration US Government ETF by 6.2% during the third quarter. Atria Investments Inc now owns 10,894 shares of the company’s stock worth $995,000 after purchasing an additional 637 shares in the last quarter. Finally, Larson Financial Group LLC bought a new stake in shares of Franklin Liberty Short Duration US Government ETF during the second quarter valued at approximately $322,000.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government.